First quarter adjusted earnings per share was $0.37, down $0.14 from 2011. The results were impacted by the warmest winter on record in Michigan, reducing earnings by $0.13 this year and $0.18 compared to the colder than normal weather a year ago.The good news is, we've identified a number of actions some of which have already been implemented to offset the adverse weather. Tom will discuss several of these with you later. As a result, we are reaffirming our full year adjusted EPS guidance of $1.52 to $1.55 a share.
CMS Energy CEO Discusses Q1 2012 Results - Earnings Call Transcript
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